Delek Logistics (NYSE: DKL) hikes Q2 2026 cash distribution to $1.135
Rhea-AI Filing Summary
Delek Logistics Partners, LP declared a quarterly cash distribution of $1.135 per common limited partner unit for the second quarter 2026, equal to $4.54 per unit on an annualized basis. The distribution is payable on August 10, 2026 to unitholders of record on August 3, 2026.
The partnership, a midstream energy master limited partnership, also provided tax guidance stating that 100 percent of its distributions to foreign investors are treated as income effectively connected with a U.S. trade or business and are subject to U.S. federal income tax withholding, with nominees serving as withholding agents.
Positive
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8-K Event Classification
2 items: 8.01, 9.01
2 items
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Quarterly cash distribution: $1.135 per common limited partner unit
Annualized distribution: $4.54 per common limited partner unit
Payment date: August 10, 2026
+2 more
5 metrics
Quarterly cash distribution
$1.135 per common limited partner unit
Declared for the second quarter 2026
Annualized distribution
$4.54 per common limited partner unit
Equivalent annualized rate based on Q2 2026 distribution
Payment date
August 10, 2026
Distribution payable date for second quarter 2026
Record date
August 3, 2026
Unitholders of record eligible for Q2 2026 distribution
Taxable portion for foreign investors
100 percent of distributions
Attributed to income effectively connected with a U.S. trade or business
Key Terms
quarterly cash distribution, master limited partnership, effectively connected with a United States trade or business, withholding agents, +1 more
5 terms
quarterly cash distribution financial
"declared its quarterly cash distribution for the second quarter 2026"
A quarterly cash distribution is a cash payment made to shareholders or investors every three months, drawn from a company’s or fund’s income, profits, or reserves. Think of it like a regular paycheck from an investment: it provides predictable income and signals how much cash a business or fund is returning to owners, which helps investors assess yield, cash flow health, and whether payments are sustainable over time.
master limited partnership financial
"Delek Logistics is a midstream energy master limited partnership headquartered"
A master limited partnership is a type of business structure that combines features of a corporation and a partnership, allowing it to raise money from investors while passing profits directly to them. Think of it as a shared ownership group that offers regular income, making it attractive to investors seeking steady cash flow. This structure is often used by companies involved in natural resources or energy, where consistent revenue is common.
effectively connected with a United States trade or business regulatory
"income that is effectively connected with a United States trade or business"
A tax status describing when income earned by a foreign person or entity is treated as tied to active business operations inside the United States. If income is 'effectively connected' to a U.S. trade or business, it is usually taxed like domestic business income rather than as passive foreign-sourced income; think of it as income earned by someone who has a real storefront or employees inside the U.S. rather than just selling from afar. Investors care because this classification changes tax rates, reporting requirements, and after-tax returns on U.S.-linked activities.
withholding agents regulatory
"Nominees are treated as the withholding agents responsible for withholding"
A withholding agent is an entity (often an employer, broker, or payer) that is legally required to hold back and remit taxes or other required amounts from payments made to a recipient, such as wages, dividends, interest, or contractor fees. For investors, this matters because withheld amounts affect the cash they receive, determine tax reporting and potential refunds, and influence net returns in cross-border or taxable transactions — like a cashier keeping part of a payment to cover a bill.
forward-looking statements regulatory
"This press release contains forward-looking statements that are based upon"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What quarterly cash distribution did Delek Logistics (DKL) declare for Q2 2026?
Delek Logistics declared a $1.135 quarterly cash distribution per common limited partner unit for second quarter 2026, equal to $4.54 on an annualized basis. The partnership described this as an increase in its quarterly cash distribution.
When will Delek Logistics (DKL) pay the Q2 2026 distribution, and who qualifies?
The Q2 2026 cash distribution will be paid on August 10, 2026 to Delek Logistics unitholders of record on August 3, 2026. Investors must be recorded as common limited partner unitholders on that record date to receive the distribution payment.
How are Delek Logistics (DKL) distributions to foreign investors taxed?
The partnership states that 100 percent of its distributions to foreign investors are attributable to income effectively connected with a U.S. trade or business. As a result, all such distributions are subject to U.S. federal income tax withholding at the highest applicable effective tax rate.
What type of business is Delek Logistics Partners (DKL)?
Delek Logistics Partners is a midstream energy master limited partnership headquartered in Brentwood, Tennessee. Through owned assets and joint ventures in regions including the Permian and Delaware basins and Gulf Coast, it provides gathering, pipeline, transportation, storage, marketing, terminalling, water disposal, and recycling services.
Does Delek Logistics (DKL) guarantee future distributions at this level?
No, the partnership includes forward-looking statements language emphasizing that future distributions, including their amounts and timing, are not guaranteed. Actual distributions may differ due to risks and uncertainties described in Delek Logistics’ filings and other business and financial factors.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||
 | |||||||||||
(Address of Principal Executive) | (Zip Code) | ||||||||||
(615 ) 771-6701
(Registrant’s telephone number, including area code)
Not Applicable
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 8.01 Other Information
On July 22, 2026, Delek Logistics Partners, LP (the “Partnership”) issued a press release announcing the declaration of its quarterly distribution for the second quarter of 2026. A copy of the Partnership's press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
| (d) | Exhibits. | |||||||
99.1 | Press Release of Delek Logistics Partners, LP issued on July 22, 2026. | |||||||
| 104 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: July 22, 2026 | DELEK LOGISTICS PARTNERS, LP | ||||
By: Delek Logistics GP, LLC | |||||
its general partner | |||||
/s/ Robert Wright | |||||
Name: Robert Wright | |||||
Title: Executive Vice President and Chief Financial Officer (Principal Financial Officer) | |||||
Exhibit 99.1
Delek Logistics Partners, LP Increases Quarterly Cash Distribution to $1.135 per Common Limited Partner Unit
BRENTWOOD, Tenn., July 22, 2026 -- Delek Logistics Partners, LP (NYSE: DKL) (“Delek Logistics”) today declared its quarterly cash distribution for the second quarter 2026 of $1.135 per common limited partner unit, or $4.54 per common limited partner unit on an annualized basis. The second quarter 2026 cash distribution is payable on August 10, 2026, to unitholders of record on August 3, 2026.
About Delek Logistics Partners, LP
Delek Logistics is a midstream energy master limited partnership headquartered in Brentwood, Tennessee. Through its owned assets and joint ventures located primarily in and around the Permian Basin, the Delaware Basin and other select areas in the Gulf Coast region, Delek Logistics provides gathering, pipeline, transportation, and other services for its customers in crude oil, intermediates, refined products, natural gas, storage, wholesale marketing, terminalling, water disposal, and recycling.
Delek US Holdings, Inc. (NYSE: DK) owns the general partner interest as well as a majority limited partner interest in Delek Logistics and is also a significant customer.
Safe Harbor Provisions Regarding Forward-Looking Statements
This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. Statements concerning future distributions, including the amounts and timing thereof, current estimates, expectations or projections about future distributions, future financial flexibility, results, performance, prospects, opportunities, plans, actions and events and other statements, concerns, or matters that are not historical facts are "forward-looking statements," within the meaning of federal securities laws. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and investors are cautioned that risks described in Delek Logistics’ filings with the United States Securities and Exchange Commission, among others, could cause actual performance or results to differ materially from those expressed in the statements. There can be no assurance that actual results will not differ from those expected by management or described in forward-looking statements. Delek Logistics undertakes no obligation to update or revise such forward-looking statements to reflect events or circumstances that occur, or which Delek Logistics becomes aware of, after the date hereof.
Tax Considerations
This release is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of Delek Logistics Partners, LP's distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of Delek Logistics Partners, LP's distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate for individuals or corporations, as applicable. Nominees, and not Delek Logistics Partners, LP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.
Investor Relations and Media/Public Affairs Contact:
investor.relations@delekus.com